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| Facebook
unveiled plans (right) on Friday to transform its Silicon Valley headquarters
(inset) into a 'mixed-use village' complete with retail shops and 1,500
homes. Plans for the 'Willow Campus' were spurred by inadequate housing and
public transit for Facebook employees, according to vice president of global
facilities and real estate John Tenanes. Tech companies in the San Francisco
Bay area have long been blamed for making the area unaffordable. But Tenanes
said the company wanted to contribute to the community, and the 1,500 housing
units will be available to anyone - not just employees - with 15 percent being
offered at below market rates. Pictured left, CEO Mark Zuckerberg |
Facebook unveiled plans
on Friday to transform its Silicon Valley headquarters into a 'mixed-use
village' complete with retail shops and 1,500 homes.
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| Facebook's
Menlo Park campus |